In an act of leniency, the Ministry of Communications and the National Communications Authority (NCA), haveslashed the fines for the sanctioned commercial FM Broadcasting stations by 50 percent. The stations have thus been given additional 30 days to pay the slashed fines. “Defaulting Commercial FM Broadcasting Stations that were fined by the NCA have also had their fines ...

The International Monetary Fund (IMF) is yet to reach an agreement with the government of Ghana on the mode of issuing the energy bond. Sources close to the matter tell Citi Business News that a final decision is likely to be made next week. The government is currently on a road show in London ahead of the ...

The Ministry of Finance has finally cleared some 245 doctors after six months of being unemployed. Earlier this week, the commitment of the government to absorbing these doctors, and healthcare in general, was questioned when one of the doctors wrote to Citi FM conveying the frustration of the jobless doctors who appear ready to serve the country. The ...

President Nana Akufo-Addo paid tribute to successive governments which played a part in the favorable verdict by the International Tribunal on the Law of the Sea (ITLOS) in the maritime dispute with Cote d’Ivoire. Speaking at the Flagstaff House on Thursday night at a ceremony to celebrate the ITLOS win, he stressed that the victory transcended partisan ...

A farmer accused of defiling a four-year-old kindergarten pupil has been ordered by the Juaso Circuit Court to be held in prison. Richmond Asamoah, 19, pleaded not guilty to the offense, and would make his next appearance on Wednesday, November 1, 2017. Police Sergeant Princeton Peasah Darkwah, told the court that the incident happened at Bompata ...

The Africa & Middle East Resources Investment Group LLC (AMERI) has stated that, its 2015 agreement with Ghana for the provision of a Power Plant in the heat of the country’s power crisis, offered the “best value for money” despite government findings that the $510 million deal was bloated by $150 million. AMERI, in a statement following an ...

The Ghana premier league enters the final round of matches with the most dramatic relegation battles in the last 10 years. With Aduana Stars already declared champions, attention turns to the fight for survival. With just one match remaining, as many as 8 clubs still stand a risk of joining already relegated Bolga All Stars ...

Women’s World Banking Ghana organized a breast cancer screening for over five hundred women as part of its corporate social responsibility. The move according to the Chief Executive Officer (CEO) of the bank, Charlotte Baidoo is in recognition of the international breast cancer awareness month. Speaking to Citi News, Charlotte Baidoo said the screening will ...

Police have begun a manhunt for a 28-year-old man, who reportedly posed as a landlord, and extorted an amount of GHc 31, 000 from a potential tenant. According to the Police, the suspect, Nana Yaw, collected the amount from the complainant on the pretense of renting him a two-bedroom apartment at Tema in February. A warrant ...

Lawyer for the 13 Delta force members who were standing trial for rioting at the premises of the Ashanti Regional Coordinating Council, has justified the non-custodial sentence for his clients, saying jailing them would have been unfair. According to Frederick Kankam Boadu, it would have been unfair for the court to have jailed his clients. The ...

The Zoobe K5 Junction street in Somalia’s capital Mogadishu has been renamed the October 14 Junction after last Saturday’s deadly bomb blast that claimed the lives of over 300 people. The Mayor of Mogadishu, Thabit Abdi said a memorial wall will be erected to honour the victims of the bomb blast which left about 400 ...

Ursula Owusu-Ekuful, Minister of Communication, has revealed that the National Communication Authority (NCA) has received a number of petitions from both commercial and community radio stations over its recent sanctions. According to her, the fact that the NCA has received the petitions does not mean the affected stations would be reinstated, but their request would ...

The head of the University of Ghana Centre for Asian Studies, Dr. Lloyd Amoah, has said government is being pragmatic with the adoption of social intervention policies in the country. Dr. Amoah made the remark following observations that President Akufo-Addo seems to be implementing socialist inclined policies contrary to the New Patriotic Party’s capitalist ideologies. ...

The Vice Chancellor of the University of Cape Coast (UCC), Prof. Joseph Ghartey Ampiah, has called on industry to show sincere interest in research outcomes from universities, in order to achieve a fruitful connection between academia and industry. He says the wide gap between what universities teach, and what industry expects, exists because industry doesn’t ...

Commercial banks have reduced their interest rates they offer on customer deposits. Latest figures released by the Bank of Ghana have shown that the average interest rate customers get on money deposited at banks reached 10.4 percent in September 2017. According to the Annual Percentage Rates (APR) and Average Interest (AI) report, the figure is ...

Hurricanes Harvey, Irma and Maria, as well as two recent earthquakes in Mexico likely cost the insurance industry about $95 billion, said Swiss Re, one of the world’s biggest reinsurers. The Zurich-based company, which as a reinsurer provides backup policies to companies that write primary insurance policies, said Friday that the claims process is ongoing ...

Dr. Kwesi Jonah, a Senior Research Fellow with the Institute for Democratic Governance (IDEG), is calling for the inclusion of chiefs in the governance of the country. “In terms of the chiefs, we may have to set up a different structure like the local development advisory committee which will have chiefs,” he said. He said ...

It was 1993 when Arnold Schwarzenegger came out with one of his most unique tough guy movies, “Last Action Hero.” A mix of action and comedy that follows a boy with a magic ticket, who suddenly is transported through the big screen and into the latest movie of his favorite actor, Jack Slater (Arnold Schwarzenegger), ...

A court in Germany has sentenced a Ghanaian refugee to nearly 12 years in jail for the campsite rape of a young woman in front of her boyfriend. Eric X, 31, – branded highly dangerous by a psychiatric expert – was handed the 11 year and six-month jail term at Bonn State Court. He denied to the end being responsible ...

The driver of the gas tanker that exploded at Atomic junction in Accra a fortnight ago, reportedly died mysteriously just when he had gotten a new tanker to work with. Yussif Seidu, who escaped unhurt during the explosion, according to the Public Relations Officer of the LPG Marketing Companies Association, Kwame Owiredu, died after becoming unconscious ...